原帖由 WST 于 2007-6-15 21:45 发表 ' [2 c4 ~9 |$ x% R. r+ N
3 _' R2 q6 b; T0 y# N - Z4 g. S& X7 |& m Y同意dgg的观点, 对于affordability,我补充一下。Affordability 主要是以房价和收入比来衡量。通常,收入以税前的工资为标准。这种算法实际上比较片面,特别是对爱城,因为很多家庭的被动收入(房地产,股票 ...
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This is a good explanation to how real estate bubble forms. The market feeds itself to push the prices up, but eventually it will reach turning point, and the bubble bursts. ! C; \7 b! I5 L& E8 d# f4 ~4 i$ f% f / h. q+ G4 t; [7 ]The risks to the current market:- Y6 [4 o$ E3 r* r! y
1) Mortgage rates go up; G3 e: s" A& A7 z0 E
2) Oil price dropps , U) n2 R4 y F* }) l% ], f$ r3) Less influx0 z( D; h# M/ `+ _& P
4) Speculators quit